The Spanish Ministry of Ecological Transition (MITECO) has awarded €360 million (US$415 million) to 1.14GW of solar PV co-located with battery energy storage system (BESS) projects.
IPP Sonnedix has closed a €730 million (US$841 million) financing for the refinancing, optimisation, and construction of renewable energy assets across Southern Europe.
Solar irradiation in Western Europe has increased by 50% above-average during Spring, according to an analysis by weather data and software provider Solargis.
Independent power producer BNZ has closed a financing deal worth €680 million (US$741million) to fund its ongoing solar portfolio expansion plans in southern Europe.
Green hydrogen production could give solar PV deployment a boost in Southern Europe, writes Aurora Energy Research research lead expert of Southeastern Europe Panos Kefalas.
PV Tech spoke with Alejandra Pérez-Plá, regional manager – Mediterranean at financial advisory firm Global Capital Finance about challenges related to land acquisition for utility-scale solar PV projects in Southern Europe, how to manage these issues and grid modernisation.
Aquila Clean Energy EMEA – the European renewables platform from Aquila Group – has signed an 800MW PV module supply deal with Trina Solar for Aquila’s project pipeline in Southern Europe.
Spain’s renewables auction next month is set to receive high levels of interest from solar bidders, according to industry observers, as the country’s government seeks to support the swift deployment of new capacity following a summer beset by record-breaking electricity prices.
Spain will carry out an auction this October for 3.3GW of solar PV and wind capacity as the country’s government aims to speed up renewables deployment in the face of soaring electricity bills.
